LONDON, May 21, 2018 /PRNewswire/ --
Canaccord Genuity Wealth Management in the UK & Europe ("CGWM (UK)") is pleased to announce
that Ashton Bradbury has been
appointed as a non-executive director of Hargreave Hale AIM VCT 1
plc.
Ashton brings more than 25 years of financial and investment
industry experience to his role. Having run small company
investment teams at Hill Samuel Investment Management and HSBC
Asset Management Europe, Ashton founded the Old Mutual Global
Investors Ltd (formerly Old Mutual Asset Management UK Ltd) small
and mid-cap investment team in 2000 and became head of equities in
2008. Amongst many industry awards he was named Citywire Fund
Manager of the year in 2002, Investment Week Fund Manager of the
Year (UK Mid-Cap) in 2007 and received the Investment Week
Outstanding Achievement award in 2009. Ashton retired from active
fund management in 2014.
"We are delighted that Ashton joins Hargreave Hale AIM VCT 1 at
this exciting time. Ashton brings a valuable depth of expertise
that will serve as a strong complement to strengthening governance
and increasing the independence of the VCT's existing board," said
David Esfandi, Chief Executive
Officer of CGWM (UK). "Hargreave Hale has been widely
recognised for its highly successful fund management team and we
look forward to further investing in and accelerating the growth of
our fund management business at Canaccord Genuity Wealth Management
(UK) as we continue with the integration of our two firms."
Oliver Bedford, Co-manager of
Hargreave Hale AIM VCT 1 plc said, "With Ashton's appointment to
the Board as a non-executive director and Giles Hargreave's continued support as a
Co-manager of the VCT, our shareholders now stand to benefit from
access to two of the UK's most highly regarded fund managers.
Ashton will undoubtedly be a great addition to the board as we
continue with our efforts to channel growth capital to some of this
country's most dynamic and innovative companies."
For more information, visit
https://www.hargreaveaimvcts.co.uk/en/our-vct/.
ABOUT HARGREAVE HALE AIM VCT 1
Hargreave Hale AIM VCT 1 plc is an established Venture Capital
Trust that aims to make tax-free dividend distributions from
capital gains and income generated through investment in existing
and diversified portfolios of investments in small UK companies.
Although the VCT has primarily invested in Qualifying Companies
that are listed on AIM, in recent years it has built, and will
continue to build, a portfolio of Qualifying Investments in private
companies.
Launched in August 2004, Hargreave
Hale AIM VCT 1 plc merged with Hargreave Hale AIM VCT 2 plc on
23 March 2018. Between them, the two
VCTs have raised a total of £153,609,594.75 (as at March 2018). Hargreave Hale has been the
appointed investment manager and custodian of the company's assets
since inception. In September 2017,
Hargreave Hale became a member of the Canaccord Genuity Wealth
Management Group of companies and a wholly owned subsidiary of
Canaccord Genuity Group Inc.
Hargreave Hale VCT 1 plc is co-managed by Giles Hargreave and Oliver Bedford, with support from the rest of
CGWM (UK)'s fund management team of 14. The fund management team
manages over £5 billion (30 April
2018). Along with the scale of the investment in small
companies and their track record, the breadth of the team and their
reach into the market help attract Qualifying Investment deal
flow.
ABOUT CANACCORD GENUITY WEALTH MANAGEMENT
Canaccord Genuity Wealth Management operations provide
comprehensive wealth management solutions and brokerage services to
individual investors, private clients, charities and intermediaries
through a full suite of services tailored to the needs of clients
in each of its markets. Canaccord Genuity Wealth Management in the
UK & Europe has investment
professionals in the UK, Jersey, Guernsey and the Isle of Man. The
Company also has Investment Advisors (IAs) and professionals in
Canada and Australia.
ABOUT CANACCORD GENUITY GROUP INC.
Through its principal subsidiaries, Canaccord Genuity Group Inc.
(the Company) is a leading independent, full-service financial
services firm, with operations in two principal segments of the
securities industry: wealth management and capital markets. Since
its establishment in 1950, the Company has been driven by an
unwavering commitment to building lasting client relationships. We
achieve this by generating value for our individual, institutional
and corporate clients through comprehensive investment solutions,
brokerage services and investment banking services. The Company has
wealth management offices located in Canada, the UK, Guernsey, Jersey, and the Isle of Man and Australia. Canaccord Genuity, the
international capital markets division, operates in North America, UK & Europe, Asia,
Australia and the Middle East. To us there are no foreign
markets.[TM]
Canaccord Genuity Group Inc. is publicly traded under the symbol
CF on the TSX.
For investor and media relations inquiries: Christina Marinoff, Vice President, Investor
Relations & Communications, Canaccord Genuity, 416-687-5507,
christina.marinoff@canaccord.com,
http://www.canaccordgenuitygroup.com